Environmental reporting and its relation to corporate environmental performance

Clarkson, Peter, Michael , Overell, & Chapple, Larelle June (2011) Environmental reporting and its relation to corporate environmental performance. Abacus, 47(1), pp. 27-60.

View at publisher


This study examines how both the level and the nature of environmental information voluntarily disclosed by Australian firms relate to their underlying environmental performance. Disclosure is scored using an index developed by Clarkson et al. (2008) based on Global Reporting Initiative (GRI) Guidelines and the environmental performance measure is based on emission data available from the National Pollutant Inventory (NPI). The sample consists of 51 firms that reported to the NPI in both 2002 and 2006. The findings are as follows. First, descriptive statistics indicate that while there was modest improvement in disclosure between 2002 and 2006, the highest disclosure score obtained was just slightly in excess of 50% of the maximum available based on the GRI Guidelines. Second, the results consistently indicate that not only do firms with a higher pollution propensity disclose more environmental information; they also rely on disclosures that the GRI views as inherently more objective and verifiable. Taken together, these results suggest that concerns regarding the reliability of voluntary environmental disclosures in the Australian context remain valid and thereby potentially signal a need for both enhanced mandatory reporting requirements and improved enforcement. In this regard, our study also informs regulatory policy on mandatory disclosures of environmental performance.

Impact and interest:

81 citations in Scopus
Search Google Scholar™
65 citations in Web of Science®

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

ID Code: 49308
Item Type: Journal Article
Refereed: Yes
Keywords: Environmental disclosure, Environmental performance, Global Reporting Initiative Guidelines, National Pollution Inventory, Pollution propensity, Sustainability reporting
DOI: 10.1111/j.1467-6281.2011.00330.x
ISSN: 0001-3072
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > ACCOUNTING AUDITING AND ACCOUNTABILITY (150100)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Accountancy
Deposited On: 23 Mar 2012 04:26
Last Modified: 23 Mar 2012 04:27

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page